Ashish Kacholia, commonly known as the ‘Big Whale’ of the Indian stock market is followed by many investors as he is popular for picking multibagger stocks from various industries. As per the latest corporate shareholdings filed, Ashish Kacholia publicly holds 42 stocks with a net worth of over Rs. 1,884.3 Crores.
Out of them, here are three multibagger small-cap stocks in which Ashish Kacholia has invested in the latest quarter:
Agarwal Industrial Corporation Limited
The shares of Agarwal Industrial Corporation Ltd were trading marginally lower at Rs 685 on Thursday morning. In the span of a month, the stock has gained approximately 21 per cent. The share price has surged from Rs 331 in October last year to the current levels logging a multibagger return of 111 per cent in a year.
In the latest quarter, Ashish Kacholia bought 3,72,128 shares or a 2.57% stake in the company with an investment value of Rs 25.7 Crore.
Agarwal Industrial Corporation Ltd is primarily involved in the manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), the logistics of bitumen and liquefied petroleum gas, and the generation of energy through Wind Mills.
The company has a market capitalization of Rs 1,024 crores and a dividend yield of 0.29% as on October 27th, 2022.
D Link India Limited
The shares of D Link India Limited declined marginally to trade at Rs 245 levels in the early hours of Thursday. In the span of a month, the stock has surged by 45 per cent. From Rs 96 a piece in October 2020, the stock has surged up to the current levels logging a multibagger return of 154 per cent.
The ace investor has bought 11,86,350 shares or 3.34% stake in the company for an investment value of Rs 29.4 Crore.
D-Link is a global leader in designing and developing networking and connectivity products for consumers, small businesses, medium to large-sized enterprises, and service providers.
The company has a market capitalization of Rs 870 crores and a dividend yield of 1.22% as on October 27th, 2022.
Arvind Fashions Limited
The shares of Arvind Fashions increased by 8 per cent in the early hours of Thursday to reach a new 52-week high of Rs 378.95. In the span of a month, the stock has zoomed by 14 per cent. In the span of 2 years, the stock price has surged from Rs 126 per share in October 2020 to the present levels logging a multibagger return of 193 per cent.
The ace investor entered the stock in this quarter and bought 14,56,054 or 1.10%stake in the company with an investment of Rs 49.9 Crore.
Arvind Fashions Ltd operates in the branded apparel, beauty, and footwear space. Its brand portfolio includes Calvin Klein, Tommy Hilfiger, US Polo Assn, Sephora, Arrow, Aeropostale, and Fly Machine among others.
The company has a market capitalization of Rs 4,925 crores as on October 27th, 2022.
Written by Anoushka Roy
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